The market price for a final good reflects A) the objective ...

[Shelles]

The market price for a final good reflects
 
  A) the objective value of the good.
  B) the values added by earlier stages of production.
  C) the seller's profit.
  D) the buyer's loss.
  E) both C and D.

Question 2

While the Economic Freedom Index demonstrates a strong ________ correlation between economic freedom and per capita GDP, the economic way of thinking provides the ________.
 
  A) negative; explanation
  B) positive; explanation
  C) negative; data
  D) positive; data

[eliasc0401]

Answer to Question 1

B

Answer to Question 2

B